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File #: FI-R-0064-24    Version: 1
Type: Finance Resolution Status: Adopted
File created: 3/27/2024 In control: Human Services
On agenda: 4/2/2024 Final action: 4/9/2024
Title: ACCEPTANCE AND APPROPRIATION OF THE THIRTY-THIRD (33RD) YEAR HOME INVESTMENT PARTNERSHIPS GRANT PY24 COMPANY 5000 - ACCOUNTING UNIT 1450 $2,011,683 (Under the administrative direction of the Community Services Department)
Attachments: 1. AU1450 PY24 HOME 33rd Year - Attachment I - Budget.pdf

title
ACCEPTANCE AND APPROPRIATION
OF THE THIRTY-THIRD (33RD) YEAR
HOME INVESTMENT PARTNERSHIPS GRANT PY24
COMPANY 5000 - ACCOUNTING UNIT 1450
$2,011,683

(Under the administrative direction of
the Community Services Department)

resolution
WHEREAS, the DuPage County Board passed a motion on January 16, 2024 which adopted the 2024 Action Plan and authorized the submission of an application for the Thirty-Third (33rd) Year HOME Investment Partnership Program for $1,860,190 (ONE MILLION, EIGHT HUNDRED SIXTY THOUSAND, ONE HUNDRED NINETY AND NO/100 DOLLARS); and

WHEREAS, all funding for the program will be provided by the U.S. Department of Housing and Urban Development; and

WHEREAS, DuPage County's HOME Investment Partnerships Program expects $151,493 (ONE HUNDRED FIFTY-ONE THOUSAND, FOUR HUNDRED NINETY-THREE and NO/100 DOLLARS) in program income to be available in Program Year 2024 that should be included in the program's budget; and

WHEREAS, the period of performance of this grant is April 1, 2024 to March 31, 2025; and

WHEREAS, no additional County funds are required to receive said funding from the U.S. Department of Housing and Urban Development; and

WHEREAS, acceptance of this funding does not add any additional subsidy from the County; and

WHEREAS, the DuPage County Board finds the need to appropriate said funds creates an emergency within the meaning of the Counties Act, Budget Division, (55 ILCS 5/6-1003).








NOW THEREFORE, BE IT RESOLVED by the DuPage County Board that the additional appropriation on the attached sheet (ATTACHMENT I) in the amount of 2,011,683 (TWO MILLION, ELEVEN THOUSAND, SIX HUNDRED EIGHTY-THREE AND NO/100 DOLLARS) be made to establish the Thirty-Third (33rd) Year HOME Investment Partnerships Program PY24, Company 5000 - Accounting Unit 1450...

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